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Jan 3, 2013
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but this week, that produced an embarrassing fight over aid for the victims of superstorm sandy. after boehner pulled a $60 billion sandy spending bill from the house floor late on tuesday, perhaps worried what was going to happen after the fiscal cliff bill, that it would go down, that didn't sit well with some republicans from the northeast who raked him over the coals. >> we cannot believe that this cruel knife in the back was delivered to our region. >> the federal government doesn't have a role in this? absurd. absolutely absurd. >> i think it's inexcusable that we did not have this vote. >> we have been devastated. and i would hope that the speaker will bring this to the floor as quickly as possible. >> but the worst tongue lashing came, again, boehner came from new jersey governor, chris christie. a political version of the incredible hulk. you don't want to make chris christie angry. >> there's only one group to blame for the continued suffering of these innocent victims. the house majority and their speaker, john boehner. i called the speaker four times last night after
but this week, that produced an embarrassing fight over aid for the victims of superstorm sandy. after boehner pulled a $60 billion sandy spending bill from the house floor late on tuesday, perhaps worried what was going to happen after the fiscal cliff bill, that it would go down, that didn't sit well with some republicans from the northeast who raked him over the coals. >> we cannot believe that this cruel knife in the back was delivered to our region. >> the federal government...
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Jan 2, 2013
01/13
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sandy and now don't have the relief and congress goes home? >> well, you're absolutely right. it is incomprehensible. you're right. in vermont we suffered, and now in new jersey and new york people are suffering. but as you know, we passed an emergency relief program, disaster relief program, for sandy. we passed it in the senate. >> i know you did. >> our republican friends in the house chose not to do with it -- to deal with that issue, and i think that is a real tragedy. >> senator, thanks for joining us today. again, happier 2013 to you. >> happy new year to you as well. >> thanks. >>> stocks are soaring, first trading day of the new year, the market is buoyed by a better than expected report. joining me, ruth marcus, also greg yip. welcome both. the markets just reacting to this last-minute deal? other fundamentals that you are looking at? >> mostly it is the deal. the deal does three things that the markets are happy about, number one, taxes in the new year, number two, removes some of the uncertainty about fiscal policy that's been plag
sandy and now don't have the relief and congress goes home? >> well, you're absolutely right. it is incomprehensible. you're right. in vermont we suffered, and now in new jersey and new york people are suffering. but as you know, we passed an emergency relief program, disaster relief program, for sandy. we passed it in the senate. >> i know you did. >> our republican friends in the house chose not to do with it -- to deal with that issue, and i think that is a real tragedy....
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Jan 2, 2013
01/13
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the superstorm sandy relief bill controversy. he said when tragedy strikes, americans come together it to sppt those in need. i urge republicans in the house of representatives to do the same, bring this important request to a vote today and pass it without delay for our fellow americans. >>> international markets reacting positively to the fiscal cliff deal, both asian and european markets made gains today. we'll bring in richard quest from london to talk about the boost we see in international markets. richard, you and i have talked about the fear and chaos. now it seems like we're over this, and there's some good news here, yes? >> yeah. i'm just looking at the numbers at the moment. the dow up 1.6%. in europe we see the footsie closed at 2.2 and you're seeing a strong rally on european and u.s. markets. on the back of this. i would say this is classic relief. it is no more or less. they are breathing a sigh of relief that the worst excesses of the cliff were not realized, but you knew there was one coming, but, of course, nob
the superstorm sandy relief bill controversy. he said when tragedy strikes, americans come together it to sppt those in need. i urge republicans in the house of representatives to do the same, bring this important request to a vote today and pass it without delay for our fellow americans. >>> international markets reacting positively to the fiscal cliff deal, both asian and european markets made gains today. we'll bring in richard quest from london to talk about the boost we see in...
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Jan 2, 2013
01/13
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sandy. i'm joined by john yarmouth, a member of the budget committee. congressman, i want to play a little bit more. i was struck by this. i want to play a little bit more of your colleagues reacting to the bill on hurricane sandy relief not being brought up. let's play a little bit more of that. and we'll talk about it. >> i am deeply zpoe lly disappo. speaker. >> to ignore the plight of millions of american citizens, unprecedented, disgusting, unworthy of the leadership of this house. >> absolutely inexcusable, absolutely indefensible. >> i'm usually proud of this house. tonight i am ashamed. shame on you, mr. speaker. >> sort of a rare bit of bipartisanship, there speaker. you had peter king, a republican, eliot dangel there, a democrat. was this a mistake to end the 112th congress on this note? >> well, certainly, i think it would have been much more reasonable to try and pass the relief measure. there was a little bit of technical problem there in that the house was dealing with two sep
sandy. i'm joined by john yarmouth, a member of the budget committee. congressman, i want to play a little bit more. i was struck by this. i want to play a little bit more of your colleagues reacting to the bill on hurricane sandy relief not being brought up. let's play a little bit more of that. and we'll talk about it. >> i am deeply zpoe lly disappo. speaker. >> to ignore the plight of millions of american citizens, unprecedented, disgusting, unworthy of the leadership of this...
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Dec 27, 2012
12/12
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and who can forget superstorm sandy. neighborhoods along the northeast swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to g
and who can forget superstorm sandy. neighborhoods along the northeast swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china....
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Dec 27, 2012
12/12
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who could forget superstorm sandy. neighborhoods swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china slowing, or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over.er t market. low price bottomed out set off a building and buying spree. they ended up buying entire neighborhoods but first-time buyers were able to get a home for the first time in years as long as they had a hefty down payment. >> number two. >> cnn predicts president obama will be elected president of the
who could forget superstorm sandy. neighborhoods swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china slowing, or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china getting more than a few...
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Dec 27, 2012
12/12
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this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a variety of factors. one of them including those record-low mortgage rates. we don't just talk about the depressing stuff. we have good news in the housing market. >> thanks so much. this just in to cnn. a shakeup in president obama's cabinet. lisa jackson for the environmental protection agency will step down from her post after the president's state of the union speech. she began in 1987 as a scientist. >>> talk back question for you today. will america ever come together on guns? your responses, next. ♪ if loving you is wrong ♪ i don't wanna be right [ record
this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a...
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Dec 26, 2012
12/12
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another factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications seem to show that holiday sales are looking like the rest of the economy, growing but not outstanding. joe? >> alison kosik. >>> as it comes to a close, we remember 2012 as a year of surprises. a south korean rapper gets newfound fame thanks to youtube and rihanna and chris brown back together again? cnn's top ten showbiz stories of the year are just ahead. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you,
another factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications seem to show that holiday sales are looking like the rest of the economy, growing but not outstanding. joe? >> alison kosik....
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Dec 26, 2012
12/12
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and number one, superstorm sandy. >> historic superstorm made landfall over the most populated areas of the united states. wind damage, power outages, storm surges, inland flooding, even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> i've never seen devastation like this in my life. >> the surf getting much, much more violent. >> curfew is under way right now. you are not to be on the streets. >> they're keeping an eye on the possibility of flooding. >> superstorm sandy crippled the nation's biggest transit system. >> talking about flooding, possible power outages, that could last for days. >> from the city to the country side, people just need to be self-aware. >> the storm killed at least 113 people in the u.s., and caused tens of billions of dollars in damage. total repairs will take decades. chad myers, cnn. >>> be sure to join our don lemon for the biggest stories of the year in crime and politics, money, even the most scandalous. the top ten of 2012 will air sunday night 8:00 eastern. >>> house democrat says there is a disconnect bet
and number one, superstorm sandy. >> historic superstorm made landfall over the most populated areas of the united states. wind damage, power outages, storm surges, inland flooding, even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> i've never seen devastation like this in my life. >> the surf getting much, much more violent. >> curfew is under way right now. you are not to be on the streets. >> they're keeping an eye...
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Dec 26, 2012
12/12
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sandy. investors are still concerned about the looming fiscal cliff. >>> blizzard warning in up to six states. in arkansas the national guard has been called to provide ambulance service for residents. heavy snow and strong winds will lead to whiteout conditions across the ohio river valley. the heaviest snow is expected to move into western pennsylvania and new york state this afternoon. >>> hundreds of american families wanting to adopt russian children may have their dreams dashed. they have given final approval for a ban on such adoptions, seen as payback for a recently signed u.s. law imposing travel and financial restrictions on human rights abusers in russia. >>> there are six days left until the u.s. crosses over the so-called fiscal cliff. in case washington doesn't make a deal we're doing our best to get you ready. every day we're taking a look at how the fiscal cliff if we go off the fiscal cliff how that will affect you from the increase in your tax bill to planning for your reti
sandy. investors are still concerned about the looming fiscal cliff. >>> blizzard warning in up to six states. in arkansas the national guard has been called to provide ambulance service for residents. heavy snow and strong winds will lead to whiteout conditions across the ohio river valley. the heaviest snow is expected to move into western pennsylvania and new york state this afternoon. >>> hundreds of american families wanting to adopt russian children may have their dreams...